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Texas Insurance Dept. Approves 12 Companies to Self-Insure for Workers Compensation Claims

Source: Texas Department of Insurance

Posted on 11 Jan 2011

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The Texas Department of Insurance, Division of Workers' Compensation (TDI-DWC) approved the renewals of the Certificates of Authority for twelve companies to self-insure their workers' compensation claims for a one-year period under the TDI-DWC Self-Insurance Program.  These twelve companies collectively employ approximately 20,700 employees in Texas.

Under Texas law, certain large, private companies can self-insure for workers' compensation claims, while retaining the protection of the Texas Workers' Compensation Act for the company and for its employees.  To qualify, a company must have a minimum workers' compensation insurance unmodified manual premium of $500,000 and meet other requirements subject to annual review.

The following companies received self-insurance certificates:
    •    American Electric Power Company, Inc., Heath, OH
    •    Associated Wholesale Grocers, Inc., Kansas City, KS
    •    E. I. du Pont de Nemours and Company, Wilmington, DE
    •    Emerson Electric Co., St. Louis, MO
    •    FedEx Freight, Inc., Harrison, AR
    •    Guardian Industries Corp., Auburn Hills, MI
    •    International Paper Company, Memphis, TN
    •    Louisiana-Pacific Corporation, Portland, OR
    •    The Procter & Gamble Company, Cincinnati, OH
    •    The Sherwin-Williams Company, Cleveland, OH
    •    Unique Staff Leasing I, Ltd., Corpus Christi
    •    VF Corporation, Greensboro, NC